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The Corliss steam engine featured at the 1876 American Centennial, a showcare of American System progress.

Welcome to AmericanSystemNow!

NOTE TO SUBSCRIBERS: IF YOU USE GMAIL, OUR MAILINGS MAY BE DIVERTED TO PROMOTIONS. YOU CAN ENSURE AGAINST IT BY ADDING AMERICANSYSTEMNOW@GMAIL.COM TO YOUR ADDRESS BOOK. By Nancy Spannaus, editor March 10, 2020–When I first read Alexander Hamilton’s Report on Manufactures some 40 years ago, it transformed my understanding of […]

by March 10, 2020 About
The new Tappan Zee Bridge across the Hudson River.

HR 6422: A “Bill to Somewhere”

By Angela Vullo Oct 27, 2020–In late August 2019, I penned an article called “Will 2020 Bring Winds of Change?,” citing an MSNBC four-part docuseries called “American Swamp,” which included a segment on infrastructure entitled “Bill to Nowhere.”  Today, I can happily report that things have changed. We now have […]

by October 27, 2020 Infrastructure Bank, News
Marshall’s Court: Principle, Not “Issues”

Marshall’s Court: Principle, Not “Issues”

 by Edward Spannaus  John Marshall: The Man Who Made the Supreme Court, a film written by Richard Brookhiser and Leo Eaton, and directed by Leo Eaton.  Eaton Creative, Inc., 2020. Running time: 2 hours, 26 minutes. Available on Amazon Prime. Richard Brookhiser, John Marshall: The Man Who Made the Supreme […]

by October 26, 2020 History, Review
Countering Myths about Alexander Hamilton

Countering Myths about Alexander Hamilton

A Report on the AHA Society’s Book Club Discussion with Dr. Stephen F. Knott By Nancy Spannaus Oct. 22, 2020—The Alexander Hamilton Awareness (AHA) Society did another public service with its Oct. 18 book club discussion with Dr. Stephen F. Knott. The event provoked a lively and informative discussion countering […]

by October 24, 2020 Alexander Hamilton, News
FDR signing Glass-Steagall in June 1933.

A Timely Argument for Glass-Steagall

By Nancy Spannaus* Oct. 14, 2020—The Oct. 2 release of Arthur Wilmarth’s new book calling for a new Glass-Steagall law is timely, and critical.  Unfortunately, it is not clear that the relevant political figures are yet prepared to listen. Wilmarth’s book is entitled Taming the Megabanks: Why We Need a […]

by October 14, 2020 Glass-Steagall, News
A dramatization of Poe's Masque of the Red Death. Will it come true?

Will Death Have Dominion Over All?

By Angela Vullo Oct 11, 2020–On February 2 of this year I penned an article quoting Edgar Allan Poe’s “Masque of the Red Death,” an analogy more ominously appropriate now than at the time. And now was acknowledged the presence of the Red Death. He had come like a thief […]

by October 11, 2020 Commentary, healthcare
Kudos for Hamilton’s Report on Manufactures

Kudos for Hamilton’s Report on Manufactures

A Review of Christian Parenti’s Radical Hamilton By Nancy Spannaus Oct. 10, 2020–“Hamilton’s Report on Manufactures is the Rosetta Stone of his economic thinking,” I asserted in my 2019 book Hamilton Versus Wall Street, and called for a debate on resurrecting his policies. My evaluation of Hamilton’s report and its […]

by October 10, 2020 Alexander Hamilton, Review
FDR speaks to the nation at his Inaugural

Nation at a Crossroads, Just like 1933

By Angela Vullo September 29, 2020–Ask yourself: Would our country exist today if Franklin Roosevelt had not been elected President? During his four terms, President Roosevelt was faced with two foes, one domestic and one foreign, with an ominous overlap between the two. In the same year that Roosevelt was […]

by October 1, 2020 Commentary, Infrastructure Bank
The author in the Treasury Cash Room in spring 2018, Only a photo op.

Spannaus to Address Treasury Group on Hamilton

September 19, 2020–I am pleased to announce that on September 23, I will challenge the myths about Alexander Hamilton in a  lecture sponsored by the Treasury Historical Association (THA). My talk, addressed to the Treasury group via internet platform, will be based on my 2019 book Hamilton Versus Wall Street: […]

by September 19, 2020 Alexander Hamilton, News
A funeral for a teen who committed suicide.

Death of a Generation?

By Angela Vullo “He never made a lot of money. His name was never in the paper. He’s not the finest character that ever lived.  But he’s a human being, and a terrible thing is happening to him. So attention must be paid. He’s not to be allowed to fall […]

by September 18, 2020 Commentary, Infrastructure Bank
Bound copies of Carey's American Museum

The Indispensable Role of Mathew Carey

By Nancy Spannaus Sept. 14, 2020—As I am preparing for a class series on my book Hamilton Versus Wall Street, as well as a presentation at the Treasury Historical Association on Sept. 23, I have been struck once again with the importance of Mathew Carey in carrying forward the Hamiltonian […]

by September 14, 2020 Commentary, History